International Observers Highlight Việtnam’s Strong Growth and Rising Global Role
Hanoi, The Gulf Observer: International organisations, analysts and foreign media have highlighted Việt Nam’s robust economic performance as a bright spot in global growth, while also underscoring its expanding role in global supply chains, sustainable development and multilateral cooperation.
Despite a volatile global environment, Việt Nam recorded solid economic gains in 2025. With flexible and proactive policies under the leadership of the Communist Party of Việt Nam and the Government, all 15 key socio-economic targets were met or exceeded, while gross domestic product (GDP) expanded by about 8.02 per cent, surpassing expectations.
Reuters described Việt Nam as a “bright spot” in the subdued global economy, while Nikkei Asia said the figures demonstrated strong resilience amid global trade turbulence. The World Bank and the International Monetary Fund noted that Việt Nam was among the few developing economies capable of rapid recovery, citing prudent macroeconomic management, a large domestic market and improving productive capacity.
Analysts stressed that Việt Nam’s strength lies not only in the pace of growth but also in its quality. The economy has steadily shifted from traditional agriculture toward industry, services and higher-value manufacturing. Việt Nam is regarded as one of the countries that has most effectively capitalised on global supply-chain diversification and remains among ASEAN’s leading destinations for foreign direct investment.
The World Trade Organisation observed that Việt Nam is no longer merely a “low-cost factory,” but is gradually upgrading its position in the global value chain, particularly in electronics, food processing, green textiles and supporting industries. Growth is increasingly driven by innovation, productivity and the digital economy, with e-commerce, fintech and start-ups emerging as new engines of expansion.
Responsible partner
Beyond economic growth, Việt Nam is also viewed as a responsible and reliable international partner. Oxford Economics and other institutions noted that the country’s adherence to trade commitments and active participation in regional and global initiatives have strengthened investor confidence.
Within ASEAN, Việt Nam is seen as a stabilising force, promoting economic cooperation and market connectivity among economies at different stages of development. Analysts pointed out that macroeconomic stability and a cautious policy approach have played a key role in building trust among investors. As global supply chains continue to shift, Việt Nam is expected to play a steady and reliable role as markets seek to diversify sources of supply.
The Financial Times reported a surge in investment inflows into Việt Nam as multinational companies restructure supply chains in response to geopolitical tensions. Bloomberg said this trend reflects growing investor confidence in the country’s economic environment. World Bank analysts added that the expansion of e-commerce, fintech and new technologies will be crucial to sustaining long-term growth.
The Asian Development Bank also expressed optimism about Việt Nam’s progress in digital transformation and productivity gains, supported by reforms in vocational education and skills training for its young workforce. This direction was reaffirmed by Party General Secretary Tô Lâm at a conference reviewing the Government’s 2025 performance and outlining tasks for 2026, where he called for a growth model driven by productivity, innovation, science and technology, alongside green, digital and circular economy development.
International observers noted that as Việt Nam’s global standing rises, expectations are also increasing in areas such as labour standards, environmental protection and supply-chain transparency, which are seen as key to sustaining long-term and inclusive growth.
They added that 2026 marks the beginning of a new development phase with the implementation of the Resolution of the 14th National Party Congress and the 2026–2030 five-year socio-economic development plan, making it a critically important year for shaping the country’s development model and long-term growth trajectory.
